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English 145
Search Results 0 to 49 of about 145 (some duplicates have been removed)
PBS
Nov 15, 2012 4:30pm PST
>> this is nbr. >> susie: i'm susie gharib. b.p. pleads guilty to felony charges and will pay more than $4 billion for damage caused by the "deepwater horizon" oil spill. >> tom: i'm tom hudson. china makes its once-a-decade leadership change just as the chinese economy faces pressure from outside and in. >> susie: and the fiscal cliff isn't the only uncertainty for c.e.o.s. the future of financial regulations with the c.e.o. of florida-based bank united. >> tom: that and more tonight on nbr! $4.5 billion and guilty pleas to charges of manslaughter and lying to congress. that was the admission today from b.p. two and a half years after the "deepwater horizon" disaster in the gulf of mexico. that disaster killed 11 people and led to the worst oil spill in u.s. history. inits guilty ple b.p. saidt deeply regrets the loss of life and almost five million barrels of oil that into the gulf. darren gersh reports. >> reporter: justice department officials hope today's settlement and criminal pleas will bring justice to the families of the men who died when the "deepwater horizon" exploded.
PBS
Nov 15, 2012 7:00pm PST
.e.o. of florida-based bank united. >> tom: that and more tonight on nbr! $4.5 billion and guilty pleas to charges of manslaughter and lying to congress. that was the admission today from b.p. two and a half years after the "deepwater horizon" disaster in the gulf of mexico. that disaster killed 11 people and led to the worst oil spill in u.s. history. in its guilty plea, b.p. said it deeply regrets the loss of life and almost five million barrels of oil that into the gulf. darren gersh reports. >> reporter: justice department officials hope today's settlement and criminal pleas will bring justice to the families of the men who died when the "deepwater horizon" exploded. >> perhaps the greatest tragedy is that the deaths of the 11 men on board the "deepwater horizon" could have been avoided. the explosion of the rig was a disaster that resulted from b.p.'s culture of privileging profit over prudence. >> reporter: b.p. has agreed to plead guilty to 11 counts of felony manslaughter and one felony count of lying to congress. in addition, two b.p. supervisors on the deepwater rig have been charged wit
PBS
Nov 8, 2012 4:30pm PST
>> this is nbr. captioning sponsored by wpbt >> tom: good evening. i'm tom hudson. susie is on assignment tonight. a repeated warning to washington-- if the u.s. goes over the fiscal cliff, it would push the economy into a recession. and late today, a top credit rating agency puts the odds of going off the cliff at 15%. plus, how g.o.p. economic policies could change as election day demographics change. that and more tonight on nbr! the u.s. economy would be driven into recession next year if the fiscal cliff is not solved in time. that's the warning again today from the congressional budget office. and the standard and poor's ratings agency said there's an increasing chance we will go over that cliff of tax increases and spending cuts. it puts the odds at 15%. still, s&p is optimistic about a solution, saying "the most likely scenario, in our view, is that policymakers reach sufficient political compromise in time to avoid most, if not all, potential economic effects of the cliff." both s&p and the congressional budget office warned unemployment would go over 9% by the e
PBS
Nov 8, 2012 7:00pm PST
policies could change as election day demographics change. that and more tonight on nbr! the u.s. economy would be driven into recession next year if the fiscal cliff is not solved in time. that's the warning again today from the congressional budget office. and the standard and poor's ratings agency said there's an increasing chance we will go over that cliff of tax increases and spending cuts. it puts the odds at 15%. still, s&p is optimistic about a solution, saying "the most likely scenario, in our view, is that policymakers reach sufficient political compromise in time to avoid most, if not all, potential economic effects of the cliff." both s&p and the congressional budget office warned unemployment would go over 9% by the end of next year if the cliff is triggered. those s&p comments hit the market in the last 30 minutes of trading, extending yesterday's sharp losses. the dow closed down 121 points, the nasdaq lost 41, and the s&p was off 17. the headlines of big sell-offs in the major stock averages only further erode confidence for already nervous investors. suzanne pratt tonight
PBS
Nov 23, 2012 4:30pm PST
captioning sponsored by wpbt >> this is n.b.r. >> tom: good evening. i'm tom hudson. susie is off tonight. almost half of the country is expected to shop this weekend. from big box retailers to big discounters and shopping malls, americans hit the stores in search of black friday bargains. the c.e.o. of macy's tells us for holiday shoppers the line between online and in-store is blurred like never before. and market monitor guest bernie schaeffer is making his list. we'll tell you what he's buying now. that and more tonight on "n.b.r." we begin with what has become the un-official post- thanksgiving past-time for many americans: shopping. the black friday doorbuster sales began earlier than ever. yesterday, in fact. but stores were busy with shoppers hunting for deals. holiday sales are expected to increase by about 4% this year, to more than $580 billion, according to the national retail federation. allison worrell kicks off out coverage of retail's big day. >> it's 5:30 in the morning at one of miami's most popular malls, and while it may look tame now, but this is the calm befo
PBS
Nov 5, 2012 4:30pm PST
>> this is n.b.r. >> susie: good evening everyone. i'm susie gharib. the clock is ticking to election day, just hours away before americans to go to the polls. a look tonight at what wall street wants most from the presidential election: an answer. >> tom: i'm tom hudson. meantime, with the election expected to be close, and the fiscal cliff fast approaching, how republicans and democrats interpret the election results will set the tone for the talks. >> susie: and a double whammy fopeople in new york and new jersey: another storm takes aim at the region, as sandy's recovery slogs on, and the hunt for fuel heats up. >> tom: that and more tonight on "n.b.r."! >> susie: the u.s. presidential election is just one day away, and that was the hot topic here on wall street. but investors were still cautious about making major moves ahead of the election, so stocks posted just modest gains, and trading volume was light. the dow rose 19 points, the nasdaq added 17, and the s&p up three points. but, where stocks go from here may depend on who wins the white house tomorrow night. suz
PBS
Nov 12, 2012 4:30pm PST
>> this is n.b.r. >> susie: good evening everyone. i'm susie gharib. a dire warning from moody's to u.s. lawmakers: avert the fiscal cliff, or risk a credit downgrade. >> tom: i'm tom hudson. we're going global with legendary investor mark mobius, franklin templeton's top strategist on the state of emerging marketnow. >> susie: and picture this: the u.s. is just a few years away from being the world's top oil producer, and self-sufficient. we'll tell you who's making that prediction, and investment strategies for your portfolio. >> tom: that and more tonight on "n.b.r."! >> susie: the u.s.'s top-notch credit rating is at risk. that's the warning today from moody's investor's service. the ratings agency told u.s. lawmakers that when it comes to the fiscal cliff, the time to act is now, not next year. moody's said if action on averting the cliff is delayed until 2013, it might downgrade the stellar credit rating on u.s. debt. right now moody's has a negative outlook on the u.s. economy. worries about a fiscal freefall, kept wall street stocks in check: the dow and nasdaq fell a f
PBS
Nov 27, 2012 4:30pm PST
>> this is nbr. captioning sponsored by wpbt >> tom: good evening. i'm tom hudson. conagra launches its recipe for growth, spending nearly $5 billion for private label food maker ralcorp. >> susie: i'm susie gharib. greece gets a badly needed bailout and avoids bankruptcy. a look at what the deal means for europe and american investors. >> tom: and it's "givng tuesday," a new effort to add charity to your gift list this holiday season. >> susie: that and more tonight on nbr! >> tom: a lengthy courtship finally resulted in the marriage today between conagra foods and ralcorp. conagra is paying $5 billion to buy private label food giant ralcorp. that works out to $90 a share, a nearly 30% premium to ralcorp's closing stock price on monday. the deal will make conagra the largest manufacturer of private label foods. suzanne pratt takes a look at what's become a booming business. >> reporter: it used to be consumers would buy private label products to clean their bathrooms or wash their clothes. lately, however, they're eating them, too. from sodas to peanut butter, private label brands
PBS
Nov 28, 2012 4:30pm PST
captioning sponsored by wpbt >> this is n.b.r. >> susie: good evening, everyone. i'm susie gharib. from the white house to capitol hill, c.e.o.s from some of the nation's biggest companies met with the president and lawmakers, urging them to compromise on the fiscal cliff. we speak to honeywell's david cote. >> tom: i'm tom hudson. automakers go green. general motors' unveils its newest all-electric chevy spark. >> susie: and what would you do if you won powerball? some advice tonight on how to handle winning $550 million. >> tom: that and more tonight on "n.b.r." >> susie: a parade of business leaders in washington today to persuade president obama and congress to avoid the fiscal cliff. with just 33 days left to nail down a deal, c.e.o.s made the rounds to explain to lawmakers that because of cliff gridlock, they're holding back on hiring and spending. as darren gersh reports, c.e.o.s weren't the only ones campaigning hard today. >> reporter: the president and republicans focused today on staging events designed to pressure the other side. the president called on americans to tw
PBS
Nov 23, 2012 7:00pm PST
is making his list. we'll tell you what he's buying now. that and more tonight on "n.b.r." we begin with what has become the un-official post- thanksgiving past-time for many americans: shopping. the black friday doorbuster sales began earlier than ever. yesterday, in fact. but stores were busy with shoppers hunting for deals. holiday sales are expected to increase by about 4% this year, to more than $580 billion, according to the national retail federation. allison worrell kicks off out coverage of retail's big day. >> it's 5:30 in the morning at one of miami's most popular malls, and while it may look tame now, but this is the calm before the black friday shopping storm. >> reporter: from the victoria's secret's pink, to the apple store, people are enthusiastic about buying and it shows. david vaton is on the hunt for an ipad mini and he says when it comes to getting a good deal, sleep is overrated. >> i stayed up the whole night, i did not go to sleep at all. today, so it's been a really long night. >> i got up at 2:00 in the morning. i probably got like five hours of sleep but i
PBS
Nov 16, 2012 4:30pm PST
>> this is n.b.r. >> tom: i'm tom hudson. top democrats and republicans express optimism on avoiding the fiscal cliff after meeting at the white house. today. >> susie: i'm susie gharib. two big banks agree to pay millions of dollars over mortgage bonds gone bad. >> tom: and could it be the end of the twinkie? hostess brands shuts down after 85 years. the company blames a labor union strike. >> susie: that and more tonight on n.b.r.! >> susie: so far so good on the fiscal cliff. president obama and congressional leaders got off to a good start in their first round of negotiations. the president met with congressional leaders who emerged later to say they want to move quickly to prevent automatic spending cuts and tax increases from tanking the economy at the first of the year. but as darren gersh reports, what we are not yet clear about is whether either side is willing to give up enough to get the job done. >> reporter: in washington, they think carefully about the pictures they want to present to the public so this mattered. all four congressional leaders-- democrats an
PBS
Nov 19, 2012 4:30pm PST
>> this is n.b.r. >> susie: good evening everyone. i'm susie gharib. stocks skyrocket on wall street. investors go from high anxiety about the fiscal cliff, to high hopes about a deal. >> tom: i'm tom hudson. good news on the home front. home sales, and prices move higher. can housing help pick up the pace of the economy? >> susie: and with more stores opening on thanksgiving than ever before, will more shopping hours add up to bigger profits? >> tom: that and more tonight on "n.b.r."! >> susie: "optimism" was the word of the day here on wall street. investors were feeling encouraged that fiscal cliff negotiations in washington are making progress. that led to a powerful rally today, continuing the momentum from friday after that white house meetingetweenredent obama, and congressional leaders. stocks rallied right from the opening bell: the dow surged 207 points, the nasdaq jumped nearly 63, and the s&p 500 rose 27. >> tom: those hopes about a fiscal cliff deal may be good enough for stock traders today, but is the economy in a position to deal with whatever solution politici
PBS
Nov 12, 2012 7:00pm PST
portfolio. >> tom: that and more tonight on "n.b.r."! >> susie: the u.s.'s top-notch credit rating is at risk. that's the warning today from moody's investor's service. the ratings agency told u.s. lawmakers that when it comes to the fiscal cliff, the time to act is now, not next year. moody's said if action on averting the cliff is delayed until 2013, it might downgrade the stellar credit rating on u.s. debt. right now moody's has a negative outlook on the u.s. economy. worries about a fiscal freefall, kept wall street stocks in check: the dow and nasdaq fell a fraction, while the s&p was up a fraction. american businesses are not only concerned about the fiscal showdown in washington, but also about corporate earnings. nearly all of the s&p 500 firms have reported numbers, and profit growth is the slowest since the recession in 2009. and the majority of firms are also reporting disappointing revenues. here's erika miller with a look back at the quarter, and a look ahead. >> reporter: earnings season is drawing to a close. and for many firms it's good riddance. nearly all of the s
PBS
Nov 27, 2012 7:00pm PST
on nbr! >> tom: a lengthy courtship finally resulted in the marriage today between conagra foods and ralcorp. conagra is paying $5 billion to buy private label food giant ralcorp. that works out to $90 a share, a nearly 30% premium to ralcorp's closing stock price on monday. the deal will make conagra the largest manufacturer of private label foods. suzanne pratt takes a look at what's become a booming business. >> reporter: it used to be consumers would buy private label products to clean their bathrooms or wash their clothes. lately, however, they're eating them, too. from sodas to peanut butter, private label brands are shaking off the yuck! stigma and attracting value-conscious customers. and it's the popularity of private label food that's behind the tasty conagra-ralcorp deal. >> private label, otherwise known as store brands, is gaining traction with retailers and shoppers. in fact, store brands have been growing faster than branded food for some time, and we expect that to continue. >> reporter: it might be hard to believe, but store brands now account for about a fifth o
PBS
Nov 28, 2012 7:00pm PST
winning $550 million. >> tom: that and more tonight on "n.b.r." >> susie: a parade of business leaders in washington today to persuade president obama and congress to avoid the fiscal cliff. with just 33 days left to nail down a deal, c.e.o.s made the rounds to explain to lawmakers that because of cliff gridlock, they're holding back on hiring and spending. as darren gersh reports, c.e.o.s weren't the only ones campaigning hard today. >> reporter: the president and republicans focused today on staging events designed to pressure the other side. the president called on americans to tweet, facebook and call members of congress to tell them to pass tax cuts for everyone making less that $250,000 a year. >> 97% of small businesses would not see their income tax go up by a single dime. even the wealthiest americans would still get a tax cut on the first $250,000 of their income. >> reporter: the speaker dismissed a call from a fellow republican to give the president what he wants, saying it's not good economics to raise tax rates on small businesses. >> going over the fiscal cliff will hurt
PBS
Nov 14, 2012 4:30pm PST
>> this is n.b.r. >> tom: good evening. i'm tom hudson. president obama says he's open to new ideas, on raising government revenues, but eliminating tax deductions for the rich doesn't go far enough. >> susie: i'm susie gharib. stocks slide to four-month lows, on worries that a fiscal cliff deal is a still a long way off. >> tom: and with a national health care insurance overhaul underway, a company's share of health insurance has risen at its smallest pace in a decade. >> susie: that and more tonight on "n.b.r."! >> tom: with 47 days left for president obama and congress to agree on avoiding a combination of higher taxes and government spending cuts, the president today said he won't extend tax cuts for people who don't need them. that hard line came during a white house press conference just as a negotiations with republican leaders get underway to avoid the fiscal cliff. as darren gersh reports from washington, even before republicans and democrats sit down to talk on friday, both sides are laying down markers. >> reporter: just two days before he meets with congressional leaders
PBS
Nov 20, 2012 4:30pm PST
>> this is nbr. captioning sponsored by wpbt >> susie: good evening. i'm susie gharib. federal reserve chairman ben bernanke warns congress to avoid the fiscal cliff, saying even the federal reserve doesn't have the tools to deal with the consequences. >> tom: i'm tom hudson. this man has many lawmakers pledging never to vote for higher taxes. find out what grover norquist thinks will happen with the fiscal cliff. >> susie: and hewlett packard stuns investors with news of an $9 billion mistake. >> tom: that and more tonight on nbr! >> susie: federal reserve chairman ben bernanke came to new york city today to send a tough message back to washington-- get your act together. he urged lawmakers and the white house to reach a quick deal to avoid the fiscal cliff, saying it might mean next year could be "a very good one for the economy." ben bernanke didn't endorse any specific tax or spending policies to solve the fiscal cliff, but he urged lawmakers to think creatively. he said an agreement on ways to reduce long-term federal budget deficits could remove road blocks to growth. on
PBS
Nov 22, 2012 4:30pm PST
>> this is n.b.r. >> susie: good evening everyone. i'm susie gharib. the markets were closed for thanksgiving, so tonight we take a special look at an important issue for all americans: the fiscal cliff. >> tom: i'm tom hudson. massive spending cuts and tax hikes are set to hit the u.s. economy on january first. by most estimates if we go over the cliff, the u.s. onomy will plunge into recession. >> susie: we look at the impact of the coming cliff and whether congress and the white house can strike a deal. >> tom: that and more tonight on n.b.r.! it was the chairman of the federal reserve ben bernanke who first called it a fiscal cliff. he described the coming automatic cuts in government spending and increases in taxes as, quote, "a massive fiscal cliff," end quote. here's what he was describing: on january 1, 2013, tax breaks worth $416 billion will expire. spending on things like defense, medicare payments to doctors will be slashed by $65 billion. add it all up and you are talking about cutting roughly half a trillion dollars from the federal budget. the congressional bud
PBS
Nov 26, 2012 4:30pm PST
>> this is n.b.r. >> susie: good evening everyone. i'm susie gharib. new estimates show going over the fiscal cliff could cost the economy, the equivalent of four times what shoppers spent over black friday weekend. >> tom: i'm tom hudson. it's cyber monday, and shoppers are online, and spending; they'll shell out an estimated $1.5 billion online today. >> susie: and change comes to the nation's top securities regulator: mary schapiro is stepping down. we look at what's next for the securities and exchange commission, and its new leader. >> tom: that and more tonight on "n.b.r."! >> susie: americans were back at work today after a long holiday weekend, but returned to the same worries about the fiscal cliff. and a new report from the white house added to the worries, showing that unless there's a deal on solving the crisis, the u.s. economy would suffer big time. the obama administration's economists estimate consumers would spend about $200 billion less next year than they would have otherwise. congress and the administration have only a few more weeks to nail down a deal. but tha
PBS
Nov 16, 2012 7:00pm PST
. the company blames a labor union strike. >> susie: that and more tonight on n.b.r.! >> susie: so far so good on the fiscal cliff. president obama and congressional leaders got off to a good start in their first round of negotiations. the president met with congressional leaders who emerged later to say they want to move quickly to prevent automatic spending cuts and tax increases from tanking the economy at the first of the year. but as darren gersh reports, what we are not yet clear about is whether either side is willing to give up enough to get the job done. >> reporter: in washington, they think carefully about the pictures they want to present to the public so this mattered. all four congressional leaders-- democrats and republicans-- after meeting with the president chose to face the cameras together. that hardly ever happens and it reflects the new post-election mood of cooperation. house speaker john boehner called the meeting very constructive. >> i outlined a framework that deals with reforming our tax code and reforming our spending. and i believe the framework that i've outlined
PBS
Nov 19, 2012 7:00pm PST
on "n.b.r."! >> susie: "optimism" was the word of the day here on wall street. investors were feeling encouraged that fiscal cliff negotiations in washington are making progress. that led to a powerful rally today, continuing the momentum from friday after that white house meeting between president obama, and congressional leaders. stocks rallied right from the opening bell: the dow surged 207 points, the nasdaq jumped nearly 63, and the s&p 500 rose 27. >> tom: those hopes about a fiscal cliff deal may be good enough for stock traders today, but is the economy in a position to deal with whatever solution politicians may hammer out? it's expected that the fiscal fix will involve tax hikes of some sort, and spending cuts as well. we spoke with economist dean baker from the center for economic and policy research, and economist douglas holtz- eakin of the american action forum. "n.b.r.'s" washington bureau chief darren gersh began the discussion by asking baker what tighter federal policy will mean for the economy in the coming year. >> insofar as we get austerity, we get tax increases,
Search Results 0 to 49 of about 145 (some duplicates have been removed)